Business news from Ukraine

Business news from Ukraine

EBRD and European country allocate €85 mln for gas purchases for Ukraine

27 January , 2026  

The European Bank for Reconstruction and Development (EBRD) and one of the European countries will provide Ukraine with EUR85 million for the purchase of additional gas volumes, First Deputy Prime Minister of Energy Denys Shmyhal said.

“EUR 85 million through EBRD instruments for the purchase of additional gas volumes for Ukraine. Work on obtaining the relevant grant from one of the European countries is already being completed,” Shmyhal wrote on Telegram on Tuesday.

He noted that this was discussed during an online conversation with EBRD President Odile Renaud-Basso.

“We are grateful to our partners for this! We will continue to work together to find additional sources of funding,” the head of the Ministry of Energy emphasized.

According to him, it is also extremely necessary to continue financial support from the EBRD to Ukrenergo and Ukrhydroenergo, as this helps to provide repairs, equipment, and implement new solutions so that people have light and heat.

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